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Barry Ritholtz: Fed Gives Cover to Bumbling Congress


One of my favorite thought experiments is the careful-what-you-wish-for scenario. I was reminded of its utility during Federal Reserve chief Janet Yellen's Congressional testimony the other day. Consider the critique of the Fed by some members of Congress. As the New York Times described it, the three-hour hearing was "testy" as "Republicans

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Posted: February 26, 2015 Thursday 11:10 AM